Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
With federal spending surging above $24,000 per household per year, the incoming Democratic majority of Congress promised to restore fiscal responsibility in Washington. Instead of paring back the growth of government, however, Congress came to agreement in conference on a budget resolution that:
Raises taxes by $721 billion over five years, and a projected $2.7 trillion over 10 years, or more than $2,000 per household;
Includes 23 reserve funds that could be used to raise taxes by hundreds of billions more;
Increases discretionary spending by nearly 9 percent in FY 2008 and does not terminate a single wasteful program;
Completely ignores the impending explosion of Social Security, Medicare, and Medicaid costs; and
Creates rules that bias the budget toward tax increases.
We should just keep spending more and more money and not care how we are going to dig ourselves out of this hole! To heck with taxes! Lower em! Spend more! 6.5 years of the past 8 have been a rep congress and 8 have been with george.. thats a lot of spending without thinking of the consequences to deal with! One has to look deeper instead of just focusing on a topic. Ask why. Kind of like ask why Alaska is doing so well? Hint: They have Oil. Most of the US does not have their oil reserves and low population
Last edited by minibrings; 10-20-2008 at 11:00 AM..